Business

Chipotle to Close All Restaurants on February 8 to Address Food Safety

During that time , Chipotle will be holding a company-wide meeting to address a series of health issues at its stores that have left hundreds sick and hammered the restaurant chain's credibility for high-quality food. Its troubles began after an E. coli outbreak came to light at the end of October . Chipotle's December sales were down 30 percent , according to a recent filing with the Securities and Exchange Commission.

Business

Reporter Freed in Iranian Prisoner Swap

Five Iranian nationals and a network of companies based in the United Arab Emirates and China were added to an American blacklist, the US Treasury announced . The people released by the US were accused of trying to steer around sanctions restricting trade with Iran. And Amir Hekmati , a former U.S. Marine, was picked up in 2011 while visiting his grandmother - and charged with espionage.

Business

Chipotle to close all stores for one day in February

Chris Arnold, the company's spokesman, said the meeting would happen February 8 and involve all staff. A range of issues will be covered. On Wednesday, Chipotle announced that the company would be launching a new marketing campaign geared towards kicking off the restaurant chain's "road to recovery", Fox News reported .

Business

Star Wars: Episode IX director-Rey's backstory will be "deeply satisfying"

While speaking to Vogue he said that the script is " much darker , but we're very excited". After rabid online debates about who the lead female protagonist of "Star Wars: The Force Awakens " could be, the " Jurassic World " director is shedding some light on one of the film's biggest questions .

Business

Chipotle to shut outlets next month for food safety meeting

The restaurants are scheduled to be closed for part of February 8 for a "national team meeting", according to Chipotle Mexican Grill spokesman Chris Arnold. That sense of freshly prepared ingredients has been one of Chipotle's attractions as it has sought to distinguish itself from traditional fast-food chains.

Business

An Oil Trader Works On The NYMEX Trading Floor, New York

USA benchmark West Texas Intermediate for delivery in February climbed 34 cents at $29.76. Iran's potential new exports come at a time when global markets are already reeling from chronic oversupply as producers pump a million barrels or more of crude every day in excess of demand, pulling down crude prices by over 75 percent since mid-2014 and by over a quarter since the start of 2016.


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